Why you still need to prepare your home in this seller’s market.
Do you need to prepare your home before you sell in this market? It’s a seller’s market, and there are very few homes for sale, so does that mean buyers will pay whatever price for your house? In short, no. If you want to sell your home for top dollar in this market, you’ll have to spruce it up first.
Inventory is increasing, appreciation has slowed, and there are fewer buyers out there since homes are less affordable now. We might still be in a seller’s market, but you can’t get away with being complacent. Here are a few ways you can ensure your home is in top condition:
1. Stage it properly. HGTV has set a standard for what a show-ready home looks like, and first impressions matter. By cleaning and properly staging a home, buyers will be more likely to fall in love with it.
2. Freshen up the paint. Use neutral colors like Sherwin-Williams’ Repose Grey.
“Sellers can’t be complacent in this market.“
3. Professionally clean or replace your carpets.
4. Update light fixtures, old caulk, and bathroom fixtures.
5. Add fresh flowers, lay down new mulch, and pull weeds so that the front of your home looks clean.
Sellers may have the upper hand during the offer phase, but buyers gain more leverage once their offer has been accepted. If they feel like they’re not getting a good deal, it may cause the negotiations to fail. You should make your home look amazing to attract more buyers.
If you need help preparing your home or have any real estate questions, feel free to call or email me. I’d love to hear from you.